- Changes are being made to the Rules for the refund of excess VAT.
- The order is being discussed by the Committee of State Revenues of the Ministry of Finance of the Republic of Kazakhstan.
- The purpose of the order is to determine the conditions for the formation of an analytical report “Pyramid” on direct suppliers based on the risk of non-compliance with tax obligations.
- The order also defines the risk indicators for the use of tax evasion schemes by suppliers.
- Changes and additions are being made to the Rules for the refund of excess VAT and the application of risk management systems to confirm the accuracy of the excess VAT amount.
- The “Pyramid” report is based on the control results conducted by the service provider, analyzing the taxpayer’s tax reporting, information systems data, and information from authorized state bodies and other documents.
- The report aims to determine the accuracy of the excess VAT amount claimed for refund and identify risks of non-compliance with tax obligations and tax evasion schemes by suppliers.
- The report results in a multi-level scheme of settlements between the service recipient and suppliers for each tax period.
- Additional provisions are added regarding the identification of suppliers with total VAT amounts not exceeding 300 times the monthly calculation indicator.
- Provisions are also added regarding the identification of suppliers at different levels for the service recipient who filed a request for VAT refund.
- Exceptions are made for certain suppliers who have resolved violations in the supply chain or have a valid court decision.
- Certain risk indicators are not considered for suppliers who have resolved violations and have a valid court decision.
Source: uchet.kz
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
